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Live CFTC

Tx Rec Crs V28 Back Half - Nodal Exchange

006NHV
AgricultureDisaggregated

Signal state

Bullish+32

Generated market from CFTC archives.

Signal layer

Score breakdown

How the +100 to -100 conviction score is calculated

Macro Score

+9 pts

Target Exposure

+32%

Market History

Net Positioning History

Historical net positioning (Longs minus Shorts) for the reference trader group.

Compare Markets
Tx Rec Crs V28 Back Half - Nodal ExchangeManaged Money — 6 Month Positioning Report
Report DateLong PositionsShort PositionsChange in LongsChange in ShortsNet PositionsNet Change% OI Long% OI ShortOpen Interest
Max1640+0+0164+03.0%0.0%6,363
Min1640+0+0164+02.6%0.0%5,470
13 Per. Avg1640+0+0164+02.8%0.0%5,785
Mar 24, 20261640+0+0164+03.0%0.0%5,470
Mar 17, 20261640+0+0164+03.0%0.0%5,546
Mar 10, 20261640+0+0164+03.0%0.0%5,548
Mar 3, 20261640+0+0164+02.8%0.0%5,904
Feb 24, 20261640+0+0164+02.8%0.0%5,862
Feb 17, 20261640+0+0164+02.8%0.0%5,917
Feb 10, 20261640+0+0164+02.8%0.0%5,919
Feb 3, 20261640+0+0164+02.8%0.0%5,843
Jan 27, 20261640+0+0164+02.8%0.0%5,853
Jan 20, 20261640+0+0164+02.8%0.0%5,855
Jan 13, 20261640+0+0164+02.8%0.0%5,869
Jan 6, 20261640+0+0164+02.8%0.0%5,788
Dec 30, 20251640+0+0164+02.8%0.0%5,825
Dec 23, 20251640+0+0164+02.8%0.0%5,891
Dec 16, 20251640+0+0164+02.8%0.0%5,955
Dec 9, 20251640+0+0164+02.7%0.0%5,997
Dec 2, 20251640+0+0164+02.7%0.0%6,029
Nov 25, 20251640+0+0164+02.7%0.0%6,058
Nov 18, 20251640+0+0164+02.7%0.0%6,052
Nov 10, 20251640+0+0164+02.6%0.0%6,202
Nov 4, 20251640+0+0164+02.6%0.0%6,241
Oct 28, 20251640+0+0164+02.6%0.0%6,363
Oct 21, 20251640+0+0164+02.8%0.0%5,952
Oct 14, 20251640+0+0164+02.7%0.0%5,998
Oct 7, 20251640+0+0164+02.7%0.0%6,051
Sep 30, 20251640+0+0164+02.8%0.0%5,941

COT report

Longs vs shorts by trader category — week by week

Browse the official CFTC report week by week to see how each trader group's positioning has shifted. The WoW Δ column shows the net contract change from the prior week.

Mar 24, 2026(Latest)
Open interest: 5,470 contractsWeek 1 of 26
Trader typeLongShortNetLong % OIShort % OINet % OIWoW Δ Net

Managed Money

Reference group used for the main bias model

1640164+3.0%+0.0%+3.0%+0

Producer Merchant

3,3081,9001,408+60.5%+34.7%+25.7%-24

Other Reportables

1,3332,478-1,145+24.4%+45.3%-20.9%+24

Swap Dealers

0412-412+0.0%+7.5%-7.5%+0

Nonreportable

243258-15+4.4%+4.7%-0.3%+0

Interpretation layer

Why the terminal reads this market the way it does

The platform turns the underlying scores into a readable narrative: pressure, confirmation, macro support, and crowding.

Positioning pressure

The market is leaning bullish. This week's COT print is more bullish than the prior week.

Trend check

Price trend is flat, so momentum is not adding much confirmation yet.

Macro check

Macro conditions are mostly neutral right now.

Crowding

Traders are heavily crowded long.

Current positioning

The market is leaning bullish. Traders are heavily crowded long. Managed Money is currently net long by 164 contracts.

Macro regime

Macro conditions are mostly neutral for Tx Rec Crs V28 Back Half - Nodal Exchange.

Replay summary

Constructive bullish regime. The market is leaning bullish. Price trend is flat, so momentum is not adding much confirmation yet. Macro conditions are mostly neutral right now.

Risk layer

Veto reasons and caution flags

These are the conditions that reduce conviction even when the raw positioning signal looks strong.

Extreme crowding — squeeze risk elevated.
Price trend does not confirm positioning.